Fitch Revises Russian Republic of Khakassia's Outlook to Negative; Affirms at 'BB'

April 24, 2015 4:12 PM

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(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Republic of Khakassia - Rating Action Report here MOSCOW/LONDON, April 24 (Fitch) Fitch Ratings has revised the Russian Republic of Khakassia's Outlook to Negative from Stable.

It has also affirmed the republic's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB', National Long-term rating at 'AA-(rus)' and Short-term foreign currency IDR at 'B'. The republic's outstanding senior unsecured domestic bonds have been affirmed at 'BB' and 'AA-(rus)'. KE...

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